The Company has a manufacturing supply agreement with Intercon Chemical Company (ICC) effective June 9, 2019, for a term of five years with a three-year renewal option. The Company anticipates renewing the agreement in Fiscal 2026. The agreement encompasses the manufacturing, packaging, and distribution of the Company's SDC-based products and includes licensing of the Company's patents and technology to ICC for non-exclusive manufacturing. ICC is responsible for investing in plant improvements and collaborating on product development. Silver, the primary active ingredient in SDC, is readily available, while other ingredients are sourced from multiple suppliers. The agreement does not include mandatory purchase commitments.
Pure Bioscience Inc's Comment on Supply Chain
The Company has a manufacturing supply agreement with Intercon Chemical Company (ICC) effective June 9, 2019, for a term of five years with a three-year renewal option. The Company anticipates renewing the agreement in Fiscal 2026. The agreement encompasses the manufacturing, packaging, and distribution of the Company's SDC-based products and includes licensing of the Company's patents and technology to ICC for non-exclusive manufacturing. ICC is responsible for investing in plant improvements and collaborating on product development. Silver, the primary active ingredient in SDC, is readily available, while other ingredients are sourced from multiple suppliers. The agreement does not include mandatory purchase commitments.
Sources:
Pure Bioscience Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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